onismish
Level 1
02-20-2022
08:29 PM
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Has 1099 Misc for lemon lawsuit settlement. Know how to enter in TurboTax but not Proconnect
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BirminghamBert
Level 3
02-21-2022
10:13 AM
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Go to Income, then go to SS benefits, Alimony, Misc income. Scroll down to Other income (click button to expand).
I usually just put "Class action proceeds" and then amount.
Hope this helps.
onismish
Level 1
02-21-2022
07:57 PM
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Thanks so much. But, how do you enter expenses against the 1099? Total received in 1099nwas $125,000 but that is not the fmv of the car.